10-06-2011 08:44 PM
After reading this forum thoroughly and seeing the number of people saying that the were declined for the BOA secured card, I was skepitical about applying. I instead chose Public Savings Bank who I have had for a year now paying on time and never late. After PSB was closed by the FDIC, I decided to try my luck with BOA and was approved!!!
A year ago my FICO score was 418, I'm at 541 now, still trying to climb this credit score ladder, but I know it takes time..... ;-)
10-06-2011 09:01 PM
yeah congrats, should graduate to be a great card one day
10-06-2011 09:06 PM
10-06-2011 09:25 PM
Make sure, if you can afford it, deposit as much as possible into it because that will be a 99.99% your future CL + some extra on your graduation day.
10-06-2011 09:33 PM
BTW, my score was a bit higher than that awhile back and I got declined twice. Do you have any baddies?
Also, BOA will graduate the card at 9 mos if I remember right
10-06-2011 10:07 PM - edited 10-06-2011 10:16 PM
@ontop That was my plan. As soon as I figure out how to add to the CL I was thinking of adding $100 - $200 a month. More if I can!! LOL
10-06-2011 10:10 PM
10-06-2011 10:11 PM - edited 10-06-2011 10:27 PM
@xlr8d I do have baddies. 8 baddies with more than half with zero balances showing. 1 Judgment due to fall off in 2013 and around 15-16 inquires (car shopping). I honestly dont think they pulled a credit report because my FILES are LOCKED. I will be sure to let you all know. I'm about to check in a few.
UPDATE: No HARD PULLS or SOFT as of 10/07/11 Will continue to check, but it should be showing by now if I was APPROVED already... *shrugs*
10-06-2011 10:12 PM - edited 10-06-2011 10:15 PM
@-Cain- Thanks for the heads up.... Let me slow these horses down of mine. 0_o lol
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.